HomePlug AV, a global powerline technology distributing HD and SD video, VoIP and Internet services in home networks using existing electrical wiring, has been finalized and approved unanimously by the Board of Directors of the HomePlug Powerline Alliance. The HomePlug Alliance anticipates that HomePlug AV capability will be designed into consumer products (such as TVs, audio equipment, computers, and networking gear). HomePlug AV technology was built with contributions from companies that worked as part of the alliance's specification working group (SWG). The SWG further developed a baseline technology that was based on contributions submitted by Arkados, Conexant, Intellon and Sharp. The release of the specification comes nearly three years after the effort was initiated. HomePlug AV uses a high-efficiency MAC layer, which incorporates both scheduled access (TDMA) with QoS guarantees, and contention access (CSMA) capabilities. This enable multimedia content distribution using a guaranteed bandwidth reservation function, tight control of latency and jitter, and high reliability. "The HomePlug AV specification is the result of unprecedented cooperative innovation by a combination of global companies, each bringing their own core competencies to the table," said Larry Yonge, vice president of research and development for Intellon Corporation and chair of the HomePlug Technical Working Group (TWG).
The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without